The State Duma has adopted a law to stabilize the fuel market.…
The State Duma has adopted a law to stabilize the fuel market. Support for the fuel market through this new legislative proposal will lead to stabilization of pricing. Earlier, Novak announced that the Cabinet had prepared tax changes for the fuel market.
Consensus
- The Russian State Duma adopted amendments to the Tax Code related to fuel markets.
- The changes aim to stabilize domestic fuel supply and pricing.
- The amendments include adjustments to export norms for gasoline and diesel fuel on exchanges.
- Demper mechanisms are being expanded or introduced for domestically produced and imported fuels.
- The measures were proposed by the government and supported by both the State Duma and the Federation Council.
Points of divergence
- The normative minimum exchange sales will now include volumes sold outside exchanges, as defined by the government, primarily at the request of the agricultural sector. — interfax
- A dempfer for middle distillates (a type of diesel fuel) is to be paid from July 2026 to July 2027, based on requests from farmers. — interfax
- The government has already reduced the exchange sales norm for gasoline from 15% to 10%, and for diesel fuel from 16% to 10%, with the latter's implementation pending. — interfax
- The amendments include expanding dempfer payments to gasoline produced by blending straight-run gasoline with other components. — fontanka
- The changes related to internal fuel supply will apply retroactively from June 1, 2026; the modernization agreements for refineries start January 1, 2026. — fontanka
- The dempfer mechanism is designed to compensate oil companies for lost export revenue to encourage domestic fuel supply and curb price increases. — fontanka
- The law aims to normalize the situation on the internal petroleum products market through both production and import support. — vesti
Coverage (8 sources)
- Law Passed on Changing the Fuel Buffer and Market Sale Norms — Интерфакс
- Ministry of Finance proposed to consider in the norm for stock market sales fuel deliveries under direct contracts — Интерфакс
- The Federation Council supported new measures for the gasoline market — Фонтанка
- The Federation Council approved amendments to the Tax Code to ensure fuel supplies — Интерфакс
- Minfin states that new NK adjustments to the fuel market are neutral for the budget — Интерфакс
- The State Duma has adopted a law to stabilize the fuel market — Вести
- Novak reports that the Cabinet has prepared tax changes for the fuel market — Вести
- Novak reports readiness for legislative changes to stimulate fuel supply — Интерфакс
Key entities
- Russia
- Moscow
- State Duma
- INTERFAX.RU
- Alexander Novak
- Ministry of Finance
- Alexey Sazanov
- Council of Federation
- Vladimir Putin
- EAEU
- NPZ
- Sovfed
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